Considering a kitchen remodel but unsure if it’s worth it? You’re not alone. Many homeowners wonder how much value they can recoup from a kitchen renovation and what upgrades provide the best return on investment (ROI). The good news? A thoughtfully planned kitchen remodel can significantly boost your home’s resale value while enhancing your day-to-day living experience.
Let’s explore the factors that influence your kitchen remodel’s ROI, the upgrades that make the biggest impact, and how to decide if now is the right time to renovate. Whether you’re dreaming of a gourmet chef’s kitchen or updating for resale, this guide has you covered.
The Average Kitchen Remodel Value Increase
On average, a kitchen remodel can recoup about 50-80% of its cost when selling your home, depending on the remodel’s scale.
Remodeling Cost vs Value 2024 reports that a minor kitchen remodel will recoup 96.1% of the cost, while a major kitchen remodel will recoup 49.5% of its cost! An upscale or luxury major remodel will recoup less of its cost – a projected 38.0% of the cost. However, these desirable finishes might be just what’s on your wishlist.
The actual ROI depends on the project’s scope, location, and quality of finishes. As you can see, minor updates often deliver the highest returns, especially if they improve functionality or modernize the space without overspending.
Factors That Affect Kitchen Remodel Value
Your Location
Home values vary by region, and so do buyer preferences. In competitive markets, a modernized kitchen may yield higher returns than in areas where simpler updates suffice.
Your Upgrades
High-ROI upgrades include energy-efficient appliances, new countertops, and updated cabinetry. Neutral colors are appealing to most customers, and current trends lean towards clean white as a safe choice. Avoid over-customization that may not appeal to future buyers.
Your Costs
Spending too much—or too little—can affect ROI. Stick to a budget that matches your home’s value to ensure a balanced investment. If you’re working with a professional kitchen remodeling team, they can help you budget to get the most bang for your buck!
What Kitchen Upgrades Add The Most Value?
Focusing on cabinets, countertops, appliances, and flooring can make a big impact on your kitchen’s value.
Cabinets set the tone for your space, so refinishing or repainting them in modern, neutral tones like white or gray is a budget-friendly way to refresh the look. You can also just replace their hardware to get a different vibe from the same old cabinets, too. For a high-end feel, consider custom cabinets with features like soft-close doors or pull-out shelves. Looking for inspiration? Check out our list of 12 ways to update your kitchen cabinets.
Countertops are another key upgrade. Durable materials like quartz or granite add a luxurious touch and are highly sought after by buyers. If you’re on a budget, options like butcher block or solid surfaces can provide charm and functionality without overspending. (If you already have nice countertops and just need to replace your cabinets, here’s how you can save your countertops.)
Appliances can be more expensive than some other options here, but they can save you money in more than one way. Energy-efficient upgrades will modernize your kitchen and save on utility costs. We recommend stainless steel, since they’re
For the flooring, hardwood or luxury vinyl plank are both stylish and durable choices that appeal to homeowners and buyers alike. Or, go unique and tile your floor with natural stone like marble if you want an opulent aesthetic for your kitchen.
Another interesting trend we found in Houzz’s 2024 Kitchen Trend Study was that kitchen remodels are increasingly aiming to accommodate aging in place. Accessibility features like pullout cabinets, extra lighting and wide drawer pulls are all common. Nonslip floors and rounded counter edges are also popular to prevent injuries during everyday use.
By focusing on these upgrades, you can create a beautiful, functional kitchen while boosting your home’s value.
When To Consider Remodeling Your Kitchen
If your kitchen no longer meets your family’s needs—such as limited counter space, poor lighting, or lack of storage—it’s time to act. A remodel can improve functionality, making daily tasks more efficient and enjoyable.
Another key reason to remodel is if your kitchen feels outdated. Old appliances, faded countertops, or worn flooring can make your home less appealing, especially if you plan to sell. Buyers are often drawn to move-in-ready homes with modern, functional kitchens, so a remodel could help your property stand out in the market.
Finally, remodeling might be ideal if you’re just ready for a fresh feel. If you spend a lot of time cooking or entertaining, transforming your kitchen into a space you love can enhance your quality of life. Whether it’s a complete overhaul or a simple refresh, remodeling is worth it when it aligns with your goals and budget.
The Benefits Of A Kitchen Renovation
A kitchen remodel boosts your home’s value and enhances your quality of life. You’ll enjoy improved functionality, energy efficiency, and a space tailored to your needs—all while increasing resale potential.
Now, renovating while you’re living in a home can sound daunting, but don’t worry: we’ve put together a handy kitchen renovation survival guide to help you stay sane while your kitchen is upgraded.
Get Started Remodeling In Columbus, OH
A kitchen remodel is more than an investment in your home—it’s an investment in your lifestyle. By choosing upgrades that maximize ROI and meet your needs, you can create a space that works for you now and pays off in the future.
If you’re in Columbus, OH, and ready to get started, CORE Renovations is here to help. Our services cover everything from gorgeous kitchen redesigns to new house additions that expand your living space. Contact us today to turn your kitchen renovation dreams into reality!
Explore Our Previous Kitchen Remodels
Check out our portfolio to see how we’ve helped homeowners in Columbus, OH, create their dream kitchens. From upscale transitional kitchens to sleek industrial farmhouse designs, we can bring your vision to life.
